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Question: What comes first?
$8,000 - 16 (48.5%)
$10,000 - 17 (51.5%)
Total Voters: 33

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21646237 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (145 posts by 34 users deleted.)
Torque
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March 12, 2018, 02:05:41 PM

Hardware is paid once up front, not per guess, and electricity is free in certain places.

Even in places like China where electricity is extremely cheap, miners often have to sign 6-12 month power contracts in advance.
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Last of the V8s
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Be a bank


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March 12, 2018, 02:08:18 PM

Asrael999
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March 12, 2018, 02:11:01 PM

Hardware is paid once up front, not per guess, and electricity is free in certain places.
I don't really see that as different to buying say 10,000 scratch cards in one go. The major difference is that your scratch card's odds of winning don't change (mainly for the worse) every 2016 guesses.
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no FOMO


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March 12, 2018, 02:16:39 PM
Last edit: March 12, 2018, 02:44:51 PM by jojo69

Don't feel too guilty. Our rektonings will come.


that...

that is brilliant
BobLawblaw
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March 12, 2018, 02:28:31 PM

AND DOWN SHE GOES.

Sheeit.
mike4001
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March 12, 2018, 02:38:33 PM

AND DOWN SHE GOES.

Sheeit.

lol

OK I give up.
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lose: unfind ... loose: untight


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March 12, 2018, 02:42:09 PM

What fixed the transaction backlog btw, did the major exchanges go segwit?

Some seem to think that they slapped the bogeyman Coinbase into shape -- they are now batching the outputs for multiple parties into single transactions.

Segwit tx's in general count for some small portion.

OTOH, the majority could be a simple reduction in demand.
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March 12, 2018, 02:46:53 PM


that's exactly the difference isn't it?... the Libtard looters went to "occupy" Wall St. because they wanted a cut of the looting action


I disagree.

A lot of folks just want the opportunity to keep the fruits of their own labor.
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March 12, 2018, 02:47:38 PM

I think that the next couple of weeks will be amazing! (for me at least)  Grin
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March 12, 2018, 03:03:11 PM

Oh Corny, my swingin' lady.
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March 12, 2018, 03:03:41 PM

did any one before tried Mc signals ?
fortune143
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favours the true


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March 12, 2018, 03:11:58 PM

AND DOWN SHE GOES.

Sheeit.

You were like totally right about those fakeouts, I thought the same mid-way through yesterday.

Totally based off of nothing at all, I reckon this might be the top of the dead cat bounce and we're on our way to capitulation town. If so then I'll see you by the next halvening for sure. 
JimboToronto
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March 12, 2018, 03:12:53 PM

Good morning Bitcoinland.

I see the weekend rally is over... currently $9283USD/$11904CAD (Bitcoinaverage).

Was it perhaps because the Gox bankruptcy dump was put on hold for the weekend?

Hope I don't need any emergency cash. I hate to sell any time. I'd especially hate to have to sell now with the price so low.
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March 12, 2018, 03:15:22 PM

target 8700
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March 12, 2018, 03:15:39 PM

Gotta be honest, those 3 recent bull flags look fake as hell. I wouldn't be shocked to see another dip sometime later.

Won't change my strategy though. Buy and hodl!

You got that right!
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March 12, 2018, 03:17:06 PM

Good morning Bitcoinland.

I see the weekend rally is over... currently $9283USD/$11904CAD (Bitcoinaverage).

Was it perhaps because the Gox bankruptcy dump was put on hold for the weekend?

Hope I don't need any emergency cash. I hate to sell any time. I'd especially hate to have to sell now with the price so low.

this week we should have some organic development news..bitcoin will be fine :-D  hodl foreverrrrrrrrr weeeee
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March 12, 2018, 03:18:14 PM

You were like totally right about those fakeouts, I thought the same mid-way through yesterday.

Matador dun got gored reel gud Sad
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March 12, 2018, 03:28:35 PM

AND DOWN SHE GOES.

Sheeit.

Not only is 9989 very close to a nice round number its also a point for natural hesitation anyway with Fibonnaci levels around here.    I'm not sure its bearish or more volatile, bouncing between price points.  
Maybe the speculators will love this one and trade between two fairly close points, I'm unsure of strength in either direction




target 8700

I'm looking for more buys before that.   8950 for a closing 4hr price say, it depends on how wobbly the price gets if we dip to 8700 before clambering back.
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March 12, 2018, 03:37:07 PM

~9200 has to hold really otherwise it doesn't look great. Next 8 hours or so are critical etc.
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March 12, 2018, 03:37:50 PM

What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  

That is pretty much how Bitcoin mining works.
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